Katanga Johnson

Katanga Johnson

January 27, 2023 | Daily Business Review

Federal Reserve Says It Won't Approve Crypto Firm's Membership

Earlier this month, the Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. issued a joint warning about the need to stem risks associated with cryptocurrency assets so that they can't affect the broader financial system.

By Lydia Beyoud, Allyson Versprille and Katanga Johnson

3 minute read

December 13, 2022 | Daily Business Review

Bankman-Fried Accused of Fraud by SEC After Bahamas Arrest

Sam Bankman-Fried misled investors, telling them that FTX had sophisticated risk controls and that their assets were secure, according to the U.S. Securities and Exchange Commission.

By Bob Van Voris, Ava Benny-Morrison, Katanga Johnson and Gillian Tan

5 minute read

October 20, 2022 | Daily Business Review

Banks Face Bigger Deposit Insurance Payments From FDIC

The Federal Deposit Insurance Corp. said the increase was meant to boost the industry's overall ratio of protection to insured deposits, a measure that fell as Americans saved more during the COVID-19 pandemic.

By Katanga Johnson

3 minute read